Limited Representation: The Middle Ground
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Welcome to the course!
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The Real Estate Business
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Law & Qualifications
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License Law And Commission Rules
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Authorized Relationships, Duties, And Disclosure
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Brokerage Offices and Branch Requirements
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Violations Of License Law, Penalties And Procedures
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Chapter 8
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Property Rights
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Title, Deeds And Ownership Restrictions
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Legal Descriptions
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Real Estate Contracts
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Residential Mortgages
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Types of mortgages
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Real Estate Related Computations And Closing Of Transactions
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The Real Estate Markets And Analysis
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Real Estate Appraisal
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Real Estate Investments And Business Opportunity Brokerage
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Taxes Affecting Real Estate
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Planning, Zoning And Environmental Hazards
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Course Assessments
FLORIDA REAL ESTATE SALES ASSOCIATE COURSE
Authorized Relationships, Duties, And Disclosure
Section 18 of 31
The key to understanding this role is the phrase "Limited Representation." As a Transaction Broker, you provide professional assistance to a buyer, a seller, or often both in the same transaction. However, you are not a fiduciary. You do not owe "Loyalty" or "Obedience" to either party. Instead of fighting for one side to win (like a Single Agent), your job is to work for the deal itself. You are there to facilitate the transaction, solve problems, and keep everything moving forward so that both parties reach the finish line.
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